UPDATE: FNB has 4 Days to go in discrimination case

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First National Bank (FNB) has until 31 March to file its expert witness report in the interest rates discrimination case which is in the Western Cape Equality Court.

In a class action represented by Magdalena Pietersen, Lukas Maarman and Soon Boesak, thousands of low cost housing bond holders – all Black and living in townships – have accused FNB of charging them interest rates higher than those of their counterparts who hold high-cost home loans and denying them the benefits of interest rate cuts. Furthermore, a large percentage of them were charged interest rates above the permissible amount in terms of the Usury Act. Liliandah Chokwe, for example, was charged 21.5% on her home loan at a time when banks were allowed to charge unto 14% interest and no more. This was a shocking 7.5% more than was allowed in terms of the law. http://uncensoredopinion.co.za/blacks-robbed-fnb-running-patience/

The complainants in the case have long submitted their evidence while FNB has failed to submit their counter report.  In the event that FNB fails to submit their expert report at the end of the month, the complainants have vowed to proceed with an immediate court action compelling FNB to submit their report

7 Comments on "UPDATE: FNB has 4 Days to go in discrimination case"

  1. Jannie vd Merwe | March 27, 2017 at 1:48 pm | Reply

    Thieves, no other word for it.

  2. If FNB do not file their Expert(s) Witness Report on 31 March 2017 it will be accepted that FNB did discriminate against black bondholders. This will provide black people the oppertunity to mobilise.

    • Pinky Khoabane | March 28, 2017 at 7:14 am | Reply

      Dear Emerald

      Thank you for your efforts in this case and hopefully the victims of this fraud can see justice soon. It would be unfortunate that you have to go to court to compel FNB to provide evidence that it didn’t discriminate against Black bond holders.

      Kindest

      PK

  3. This is very interesting given the fact that this might become a landmark case which speaks to the core challenges raised against the banks. The courts need to rule on this matter once and for all.

  4. Great Work PK, Emerald. Great Work.

    I firmly believe, I know, that GOD is with you; that GOD is for you PK, Emerald.

    GOD is with; GOD is for these ‘poor’ so-called ‘black’, ‘coloured’, and Indian South African Citizens – Magdalena Pietersen, Lukas Maarman and Soon Boesak, together with thousands of low cost housing bond holders – who have been represented so Valiantly for all these ‘STRUGGLE years’ by Emerald, and now more recently supported and EXPOSED, ‘brought out into the light’, by you PK. Praise the GOOD Lord JESUS.

    Magdalena Pietersen, Lukas Maarman and Soon Boesak, together with thousands of low cost housing bond holders have been Selectively and Systematically and Intentionally and Fraudulently DISCRIMINATED against. They have ALL been CROOKED CHEATED and THIEVED from by Mr. Johann “JR” Rupert and his Afrikaner Nationalist ‘Mafia gang’ for far far far too long now.

    It is ‘PAY-BACK’ time ! Mr. Johann “JR” Rupert, along with his hand-picked Afrikaner Nationalist ‘Mafia gang’ members – such as “GT” Ferreira; “LL” Dippenaar; “PK” Harris (no relation of mine, SIS !); “Viv” Bartlett – have become Rand BILLIONAIRES by way of CROOKING, CHEATING, THIEVING from these ‘poor’ so-called ‘black’ ‘Coloured’ and Indian South African Citizens.

    And, make no mistake about it PK and Emerald, behind this CROOKING CHEATING THIEVING is not ‘just’ your usual GREED and so-called POWER. Oh NO Mam; Oh NO Sir. Behind – ‘at the bottom of’ – this Bad Business Practice; this Evil Fraud, lies a far more Sinister and Evil ‘driving force’. Its name is Hate; it’s name is racism; it’s ‘tool’ is DISCRIMINATION. Believe me.

    Why else do you think that is it ONLY the so-called ‘poor’ so-called ‘blacks’ and ‘Coloureds’ and Indians who have been Intentionally DISCRIMINATED against here in South Africa ? Think it through PK, Emerald. It is quite obvious; don’t you think !

    That is why I have for so many years encouraged Emerald to lay charges with the Police against Mr. Johann “JR” Rupert, along with his hand-picked ‘Mafia gang’ members such as “GT” Ferreira; “LL” Dippenaar; “PK” Harris (no relation of mine, SIS !); “Viv” Bartlett.

    For years I have advised Emerald that he MUST go and lay charges with the Police against ALL the Directors involved AND INCLUDING against the Shareholders of FirstRand Limited/FirstRand bank Limited/FNb. Simple. You see, PK, Emerald, the Shareholders and the Directors are Mr. Johann “JR” Rupert and his Afrikaner Nationalist ‘Mafia gang’ members. Simple.

    And I want to remind you PK, Emerald, to not preclude two fine Acts of our Parliament that apply BIG TIME to BIG BIG Fraud such as this, namely, the Prevention of Organised Crime Act (POCA) and the Prevention and Combating of Corrupt Activities Act (PACCA).

    Contravention of these 2 x Acts of our Parliament ‘offer up’ 30 years Prison Time; 100 MILLION Fines. Look it up PK, Emerald. It will be well worth your while to approach this MASSIVE Fraud, this Selective Systematic and Intention CROOKING CHEATING and THIEVING by Mr. Johann “JR” Rupert and his Afrikaner Nationalist ‘Mafia gang’ via/in terms of POCA and PACCA.

    And here (if you do not mind me ‘getting in of the act’ – Act; a ‘pun’ hey) there are the 31 Police Cases that I have already personally – as a shareholder in both FirstRand Limited and REMGRO – opened with the Police.

    Included in these 31 Police Cases are charges brought under POCA and PACCA against Mr. Johann “JR” Rupert, along with his hand-picked ‘gang’ members such as “GT” Ferreira; “LL” Dippenaar; “PK” Harris (no relation of mine, SIS !); “Viv” Bartlett and against the other Directors involved; AND INCLUDING against the Shareholders of FirstRand Limited/FirstRand bank Limited/FNb. Even the Auditors Deloitte and Touche and PricewaterhouseCoopers Inc. are ‘given their rightful place’ in the 31 Police Cases opened by me Re this MASSIVE Fraud against ‘poor’ so-called ‘black’, ‘coloured’, and Indian South African Citizens like Magdalena Pietersen, Lukas Maarman and Soon Boesak, together with thousands of low cost housing bond holders.

    This Fraud ‘falls under’ POCA and PACCA.

    Now it is the time – at long last – to move forward and to INSIST :

    Rand BILLIONAIRES Mr. Johann “JR” Rupert; “GT” Ferreira; “LL” Dippenaar; “PK” Harris (no relation of mine, SIS !); “Viv” Bartlett; and the other Directors involved; Shareholders; Auditors Delloite and Touche; PricewaterhouseCoopers Inc :

    1.
    “ PAY BACK THE MONEY ” – to the so-called ‘black’ and the so-called ‘Coloured’ and the Indian ‘poor’ People of South Africa that you have CROOKED, CHEATED, THIEVED from.

    (ref. is the Equality Court Expert Report Emerald van Zyl pages 1 to 16 in the Case : PIETERSEN MARIA MAGDALENA, BOESAK SOON, MAARMAN LUCAS VS FIRSTRAND FINANCE COMPANY LTD
    CASE NO’S EC 09/2013, EC 10/2013 AND EC 11/2013
    wherein Emerald has :

    “ …. analysed as requested the discovery documentation of First Rand Finance Company ” and

    “ …. submitted my report related to unfair discrimination with interest on their mortgage loan with FirstRand Finance Company (formerly Saambou) in terms of the PROMOTION OF EQUALITY AND PREVENTION OF UNFAIR DISCRIMINATION ACT NO 4 OF 2000.

    2.
    “ GO TO JAIL ” – where you belong – Mr. Johann “JR” Rupert; “GT” Ferreira; “LL” Dippenaar; “PK” Harris (no relation of mine; SIS !); “viv” Bartlett and the other Directors/Shareholders of FirstRand Limited/FirstRand bank Limited/First National bank/Remgro; AND including the Auditors.

    So, GOOD LUCK PK and Emerald. I firmly believe, I know, that GOD is with you; that GOD is for you PK, Emerald. GOD is with and for these ‘poor’ so-called ‘black’, ‘coloured’, and Indian South African Citizens like Magdalena Pietersen, Lukas Maarman and Soon Boesak, who, together with thousands of low cost housing bond holders have been Selectively, and Systematically and Intentionally Fraudulently DISCRIMINATED against. They have, for reasons of Hate/racism, been CROOKED CHEATED and THIEVED from by these CROOKS CHEATS THIEVES Mr. Johann “JR” Rupert and his Afrikaner Nationalist ‘Mafia gang’; by ALL the Directors involved; by the Shareholders (who are ‘gang’ members !) by the Auditors, for far far far too long now.

    You and these ‘poor’ so-called ‘black’ ‘Coloured’ and Indians like Magdalena Pietersen, Lukas Maarman and Soon Boesak, together with thousands of low cost housing bond holders, are in our Prayers PK, Emerald.

    Lord Bless, love Michael and Meriel (heart).

    • Pinky Khoabane | March 28, 2017 at 7:17 am | Reply

      Dear Michael

      Thank you so much. Im just a messenger, the real heroes are the bravery of Emerald and the complainants who are standing up to Rupert and his mob.

      Kindest

      PK

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